Common use of Effects of Termination; Survival Clause in Contracts

Effects of Termination; Survival. In the event that this Agreement is terminated in its entirety, all rights and obligations of either Party under this Agreement shall immediately terminate, including the licenses granted under Section 2 and Section 3 and any sublicenses subsequently granted by Spinco or Pluto, as applicable. Further, the following provisions of this Agreement shall survive any termination (whether in part or in its entirety) of this Agreement Section 8 (Limitation of Liability), Section 9 (Confidentiality), Section 11.3 (Remedies Cumulative), Section 11.4 (Effects of Termination; Survival), Section 12 (Miscellaneous) and Section 1 (Definitions) (to the extent necessary to give effect to the foregoing sections in this sentence).

Appears in 3 contracts

Samples: Intellectual Property Matters Agreement (Viatris Inc), Intellectual Property Matters Agreement (Upjohn Inc), Intellectual Property Matters Agreement (Upjohn Inc)

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Effects of Termination; Survival. In the event that this Agreement is terminated in its entirety, all rights and obligations of either Party under this Agreement shall immediately terminate, including the licenses granted under Section 2 and Section 3 and any sublicenses subsequently granted by Spinco SpinCo or PlutoParent, as applicable. Further, the following provisions of this Agreement shall survive any termination (whether in part or in its entirety) of this Agreement Section 8 5 (Limitation of Liability), Section 9 6 (Confidentiality), Section 11.3 8.3 (Remedies Cumulative), Section 11.4 8.4 (Effects of Termination; Survival), Section 12 9 (Miscellaneous) and Section 1 (Definitions) (to the extent necessary to give effect to the foregoing sections in this sentence).

Appears in 3 contracts

Samples: Intellectual Property Matters Agreement (ZimVie Inc.), Intellectual Property Matters Agreement (Zimmer Biomet Holdings, Inc.), Intellectual Property Matters Agreement (ZimVie Inc.)

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